Oriana Power Secures Large Solar EPC Contract worth Rs 94.5 Crore in Bihar
Oriana Power Limited has received and accepted Letters of Award (LOA) from Bellwether Energy Pvt. Ltd. for a significant Engineering, Procurement, and Construction (EPC) services project focused on ground-mounted solar power generation across several locations in the state of Bihar.
The order details the supply and construction of EPC services for a total capacity of 25.138MW/31.423MWp. The contract, valued at Rs 94,50,98,990, includes GST. The project involves multiple sites in Bihar, including Barhat, MangoBandar, Shankarpur, Murliganj, Goradih, Dhuraiya, Jagdishpur, and Manikpur.
The business arrangement falls under the renewable energy sector and was awarded by a domestic entity. Oriana Power Limited is set to execute these EPC services within six months from the date of the Letter of Award.
Key details of the contract are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Contract | Bellwether Energy Pvt. Ltd., along with its group companies (BW V Energy Pvt. Ltd., BW I Energy Pvt. Ltd., and BW III Energy Pvt. Ltd.) |
| Contract Type | EPC Services for ground-mounted solar projects |
| Total Order Value | Rs 94,50,98,990 (including GST) |
| Project Capacity | 25.138MW/31.423MWp |
| Execution Timeline | Within six months from the date of the Letter of Award |
The engagement represents a domestic opportunity for Oriana Power Limited in supporting ground-mounted solar projects across Bihar, and there is no indication that the order would constitute a related party transaction.
ORIANA Stock Price Movement
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